Pre Market Calls

• Caterpillar (NYSE: CAT) Cut to Neutral from Outperform at Credit Suisse.
• Cirrus Logic (NASDAQ: CRUS) Cut to Hold from Buy at Jefferies.
• Embarq (NYSE: EQ) Raised to Outperform at Wachovia.
• Heritage-Crystal Clean (NASDAQ: HCCI) started as Buy at Piper Jaffray.
• Marriott (NYSE: MAR) Cut to Neutral from Buy at Goldman Sachs.
• MGIC Investment Corp (NYSE: MTG) Raised to Outperform from Peer Perform at Bear Stearns.
• Pilgrims Pride (NYSE: PPC) Raised to Outperform from Neutral at Credit Suisse.
• Ryder System (NYSE: R) Cut to Neutral from Outperform at Baird.
• Schlumberger (NYSE: SLB) Raised to Overweight from Equal Weight at Morgan Stanley.
• Wells Fargo (NYSE: WFC) cut to Underperform from Perform at Oppenheimer.

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